Market Imperfections and Macroeconomic Dynamics
Market Imperfections and Macroeconomic Dynamics is based upon a collection of papers originally presented at the 5th Theory and Methods in Macroeconomics (T2M) meeting in Paris, France, 2002. The contributions in this volume focus on a central theme: the aggregate dynamic consequences of market impe...
| Other Authors: | , |
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| Format: | eBook |
| Language: | English |
| Published: |
New York, NY
Springer US
2002, 2002
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| Edition: | 1st ed. 2002 |
| Subjects: | |
| Online Access: | |
| Collection: | Springer Book Archives -2004 - Collection details see MPG.ReNa |
Table of Contents:
- I Globalization, Competition and Macroeconomic Performances
- 1: Is Perfection Optimal? Employment and Product Market Competition
- 2: Human Capital, Local Labor Markets and Regional Integration
- 3: A Long-Term Model for the World Economy
- II Money, Inflation and Macro dynamics
- 4: Inflation and Productivity Differentials in EMU
- 5: Open Market Shocks in a Business Cycle Model with Financial Intermediation
- 6: Optimal Monetary Policy with Sticky Prices
- III Indeterminacy and Irreversibility
- 7: Real Indeterminacy in a Cash-In-Advance Economy
- 8: Borrowing Constraint and Indeterminacy
- 9: Irreversible Investment Under Uncertainty